According to Michaël van de Poppe, the current market scenario shows the most amount of shorts ever on stocks, with crypto and altcoin sentiment at 10-15, levels only seen during the COVID-19 crash and the Luna crash. Bitcoin/Gold is down 30% from its all-time high in 2021, indicating a significant market downturn. Despite this, van de Poppe mentions the presence of the most progressive crypto administration ever and expresses his decision not to sell.